Establishment of Nomination Committee in I.A.R. Systems Group AB

Stockholm, Sweden—September 30, 2020— In accordance with the Annual General Meeting April 29, 2020, the Nomination Committee is composed to include Jonas Eixmann appointed by Andra AP-fonden, Ossian Ekdahl appointed by Första AP-fonden and Evert Carlsson appointed by Swedbank Robur Fonder. Jonas Eixmann was appointed Chairman.

The task of the nominating committee is to propose the Chairman at the annual general meeting 2021, Chairman and other members of the board as well as suggesting remuneration and other compensation for each of the board members. The Nominating Committee shall also propose auditors and remuneration of the auditors as well as a process for appointing the nomination committee for the annual meeting 2021.

Shareholders who would like to present proposals to the Nomination Committee are welcome to submit these via josefin.skarin@iar.com

The information was submitted for publication at 10:00 a.m. on September 30 ,

IAR Systems Contacts

Josefin Skarin, Investor Relations, IAR Systems Group AB
Email: josefin.skarin@iar.com

Maria Wasing, Chairman of the Board, I.A.R. Systems Group AB
Email: maria.wasing@majorsinvest.com
Phone: +46738521752 

About IAR Systems

IAR Systems supplies future-proof software tools and services for embedded development, enabling companies worldwide to create the products of today and the innovations of tomorrow. Since 1983, IAR Systems’ solutions have ensured quality, reliability and efficiency in the development of over one million embedded applications. The company is headquartered in Uppsala, Sweden and has sales and support offices all over the world. Since 2018, Secure Thingz, a provider of advanced security solutions for embedded systems in the IoT, is part of IAR Systems. IAR Systems Group AB is listed on NASDAQ OMX Stockholm, Mid Cap. Learn more at www.iar.com.